Davis, Calif. (UPI) May 12, 2008 - U.S. economists say high gasoline prices might lead motorists to drive more fuel-efficient vehicles, resulting in lower greenhouse-gas emissions.
Houston TX (SPX) May 12, 2008 - Oil and Gas executives say that the price-per-barrel of oil will drop significantly from the current high level by the end of the year, according to the results of a survey conducted by KPMG LLP's Global Energy Institute. In this year's KPMG survey, which polled 372 financial executives from oil and gas companies in April 2008, 55 percent of the respondents think that the price-per-barrel of crude oil will drop below $100 by the end of the year.
New York NY (SPX) May 12, 2008 - Bentley Meeker and his highly skilled design team are considered among the top special event lighting experts in the world. Meeker has lit weddings and special events for the who's who of New York and Hollywood.
London, UK (SPX) May 12, 2008 - The 13 members of the Organization of Petroleum Exporting Countries (OPEC) pumped an average 31.87 million barrels per day (b/d) of crude oil in April, a 350,000 b/d decrease from March, according to a Platts survey of OPEC and oil industry officials released Friday. The sharp drop was largely the result of steep output losses in Nigeria.
Tokyo (AFP) May 11, 2008 - Japan aims to cut its greenhouse gas emissions by between 60 and 80 percent by 2050, news reports said Sunday, as part of measures setting out the country's long term environmental goals.
Utsira, Norway (AFP) May 11, 2008 - As Norway prepares for a future after oil, the gale-force potential of harvesting wind power off its long coastline has become an increasingly attractive proposition.
Doha (AFP) May 11, 2008 - Gas-rich Qatar on Sunday signed a series of deals to build a 3.8-billion-dollar (2.5-billion-euro) desalination and power plant part-owned by Japanese and French firms, a statement said.
Tokyo (AFP) May 11, 2008 - Volkswagen AG will join forces with Japan's Sanyo Electric to develop a lithium-ion battery, a key component of hybrid and electric cars, the Nikkei newspaper reported Sunday.
Beijing (AFP) May 10, 2008 - China plans to build a power transmission line from northwestern Qinghai province to the troubled province of Tibet in a bid to boost the region's economy, state media said Saturday.
Washington (UPI) May 9, 2008 - Driving China's pipeline strategy of seeking agreement with Russia and Central Asian states for transmission of oil and natural gas is a potential shortage beyond the energy issues so prominent in the media.
Abuja, Nigeria (UPI) May 09, 2008 - Nigerian militants are calling for former U.S. President Carter to mediate talks between rebels and the government to end hostilities in the oil-rich Niger Delta and are weighing a reported cease-fire appeal by Democratic presidential hopeful Barack Obama.
Washington (AFP) May 9, 2008 - A biofuels backlash has erupted in major ethanol producer the United States, as lawmakers and experts debate the merits of converting food to fuel to support America's age-old love affair with the automobile.
The Dalles, Ore. (UPI) May 8, 2008 - Crucial options were left out of last year's energy bill, advocacy groups say, and policymakers are looking to remedy the exclusion.
Washington (UPI) May 8, 2008 - Angry oil consumers taking aim at OPEC are looking at a scapegoat instead of a needed mirror, the head of the bloc of oil producers said during a visit to Washington Thursday.
Washington DC (SPX) May 08, 2008 - Five months after passing a new alternative fuel mandate, U.S. policymakers are questioning the legislation's wisdom in the face of skyrocketing food prices.
Houston TX (SPX) May 07, 2008 - American Electric Technologies has announced that it has reached an agreement with DRS Power Technology to jointly develop and market DRS permanent magnet motors (PMMs) and generators using AETI variable frequency drives (VFD) to bring a new level of performance, reliability and efficiency to the oil and gas drilling and marine industries with future potential expansion into wind power generation.
